Leicester
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Podcast Appearances
S Y B I L attack.
What is a Sybil attack?
i thought it was good for you to hear from a different lens and an attempt to simplify and just to caveat for some that don't seem to understand this this is an interpretation people are encouraged to go and research it themselves create their own interpretation for their own reasons meanwhile i can make my own interpretation it is incumbent look it up on people to do their own interpretation that's the whole point
You should never blindly follow a single person as gospel because then you get into a cult.
Now, having said that a Sybil attack at a high level in order to define it in a way you'll understand, I have to simplify what leads to it.
Everybody I think understands the concept of a,
blockchain.
It is a ledger.
It is an accounting of transactions over time.
The accounting of transactions has to be maintained.
The maintenance of the ledger is so that the integrity of the chain is persisted.
Look it up.
We have to make sure
that there's acknowledgement of each transaction.
So when you go in your wallet and you sign for something, you approve something, you are telling the chain, yes, I am saying that this is my transaction.
Yes, I'm authorizing to do this transaction, whether that's connected to an application, whether it's sending crypto to somebody, whether it's receiving it,
unless the receiver is an asynchronous, which is a different thing.
I won't get into here.
Point is that there's that first acknowledgement.
You are acknowledging I'm making a transaction.